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114
Nov 28, 2012
11/12
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they are a real challenge to us. untouched, and amended, medicare will run up money in 12 years that is scary. we have so many americans who count on it. almost 50 million americans and the number is growing. yesterday, in america, 10,000 reached the age of 65. it will happen tomorrow. it will happen every day for the next 18 years. these are people who paid in over a lifetime and expect the protection they have invested in to be there. asked to be there. we need to take an honest look at medicare. i believe the paul ryan approach was not the right approach. i thought his idea of premium support would raise the cost of medicare is turned on many seniors. i think it was unworkable and did not support. some suggest raising the medicare retirement age. i have trouble with that. my trouble is in my family, i have an older brother who passed away a few years ago appeared when he retired, he had health insurance from his employer and then had a massive heart attack and surgery. they canceled his insurance. my very conserva
they are a real challenge to us. untouched, and amended, medicare will run up money in 12 years that is scary. we have so many americans who count on it. almost 50 million americans and the number is growing. yesterday, in america, 10,000 reached the age of 65. it will happen tomorrow. it will happen every day for the next 18 years. these are people who paid in over a lifetime and expect the protection they have invested in to be there. asked to be there. we need to take an honest look at...
119
119
Nov 29, 2012
11/12
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let us work. here is our message -- obamacare is really romneycare, adopted on the model of massachusetts. it will open up an exchange that allows for competition and allow for us to take what is the very best of government programs, what is the very best in private sector, and what is the very best from entrepreneurialism and innovation in our academic sector to drive down the cost, provide greater access, focus on wellness and individual responsibility and, we have got something that if we were together, becomes the greatest system in the world. in our reach. it is all right before us. it takes a collection of the best thinking and the best ideas from not only both parties, but from all sectors of our economy and our country. that is where we need to focus on. but when you are staring at $750 billion annually, that clearly is the place where you are going to look to cut instead of on the backs of beneficiaries who have paid into an insurance program. >> you talked about how optimistic you are he
let us work. here is our message -- obamacare is really romneycare, adopted on the model of massachusetts. it will open up an exchange that allows for competition and allow for us to take what is the very best of government programs, what is the very best in private sector, and what is the very best from entrepreneurialism and innovation in our academic sector to drive down the cost, provide greater access, focus on wellness and individual responsibility and, we have got something that if we...
115
115
Nov 14, 2012
11/12
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on the super committee, each of us had a super hero attach to us. iron and that kind of rusty in that process. it was disappointing. but the malady as the president did not weigh in. -- did not weigh in. >> let's open it up. any questions? >> [inaudible] >> in terms of economics. >> particularly in difficult times. >> are you liberal, a moderate, or a conservative. most americans are moderates and conservatives by far. the number of liberals, i do not know what the last numbers were. no higher than it was the previous time the question was asked. people to not consider themselves to be liberal, they considered themselves to be moderate or conservative. so many people now want to be dependent on government rather than the private sector to create opportunity, it is not true. yes, when people are having hard times they would like to have some help with what a hand up not a handout. that is still very much american ethic. my state is still a center-right state. if you ask to what they think. we were not successful this last go around. the policies that
on the super committee, each of us had a super hero attach to us. iron and that kind of rusty in that process. it was disappointing. but the malady as the president did not weigh in. -- did not weigh in. >> let's open it up. any questions? >> [inaudible] >> in terms of economics. >> particularly in difficult times. >> are you liberal, a moderate, or a conservative. most americans are moderates and conservatives by far. the number of liberals, i do not know what the...
112
112
Nov 28, 2012
11/12
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this provides us. back in 2008 and 2009 when everybody had the tremendous financial crisis and the collapse in the collapsing of economic output, we steamed ahead in canada with our so- called stimulus program and economic access plan where we identified thousands of projects we wanted to continue. because we wanted to do it quickly, we did shortcuts around regulatory processes. we took a risk. in 19 -- 19 -- 99 put 9% of cases, it made no difference that be made the short cuts. we found smoother processes with in the country. i would hope -- there is nothing like an emergency to tell you whether a process is necessary. >> absolutely. there is another thing that has been important to you that i want to ask you about. that is the detroit bridge. a ballot measure that would require a constitutional amendment failed. why is it important enough to canada that you agreed to pay your share and our share? in terms of individual projects between canada and the united states, it is the biggest economic relation
this provides us. back in 2008 and 2009 when everybody had the tremendous financial crisis and the collapse in the collapsing of economic output, we steamed ahead in canada with our so- called stimulus program and economic access plan where we identified thousands of projects we wanted to continue. because we wanted to do it quickly, we did shortcuts around regulatory processes. we took a risk. in 19 -- 19 -- 99 put 9% of cases, it made no difference that be made the short cuts. we found...
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78
Nov 28, 2012
11/12
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there is no capital used. if you take away one of those tools, does that mean liquidity becomes an issue? will clients have problems executing trades and transactions in the future? that is why it financial executives are a little skeptical about dodd-frank right now. they are now fully objecting. there are subtleties within the law right now that may appeal to both sides of the aisle and that is the reason, for now, the debate is still ongoing. host: william, a republican caller, from florida. caller: i look at the united states as a family. i'm the head of my family. i'm having financial difficulties. is there any indication that america can get foreign investments back to use the money for our citizens? i'm concerned about that. as the head of my family, these things should be looked at seriously. the congress and the house should look at it. host: mr. chu. guest: that is a good point. this is another point of contention that has been talked about on wall street. if you can somehow get capital back into thi
there is no capital used. if you take away one of those tools, does that mean liquidity becomes an issue? will clients have problems executing trades and transactions in the future? that is why it financial executives are a little skeptical about dodd-frank right now. they are now fully objecting. there are subtleties within the law right now that may appeal to both sides of the aisle and that is the reason, for now, the debate is still ongoing. host: william, a republican caller, from florida....
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97
Nov 14, 2012
11/12
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we should use the space. i suggest this morning's symposium is designed in that spirit and i am very happy to be introducing it and to turn the podium over to stan who will moderate the first panel on the question of the fiscal cliff. >> thank you. i appreciate you turn the podium over to me but i will sit here. we will all be sitting here. as it were to the cameras following us. good morning. thank you. i often wonder what was going through ben bernanke's man -- mind when he used the word fiscal cliff for the first time or when they decided they could not sit with a really wanted to say. which is that the combination of tax increases and spending cuts that will go into effect will cut the deficit too far too fast and therefore what he was saying -- the other elements that contribute to gdp growth were not able to absorb it. so what bernanke was really saying is he recommends the deficit be higher than it will otherwise be under current law. anyone who thinks that in february -- [indiscernible] he wants this
we should use the space. i suggest this morning's symposium is designed in that spirit and i am very happy to be introducing it and to turn the podium over to stan who will moderate the first panel on the question of the fiscal cliff. >> thank you. i appreciate you turn the podium over to me but i will sit here. we will all be sitting here. as it were to the cameras following us. good morning. thank you. i often wonder what was going through ben bernanke's man -- mind when he used the...
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86
Nov 9, 2012
11/12
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and god hates us. would you think the administration is going to be asking for from congress to respond on the east coast? margaret? guest: so far, the storm has been something that everybody on both sides have been able to get behind in terms of talking about the need for quick response. it helps that there are republican as well as democratic governors that are affected by this. and make it completely a bipartisan issue. every day multiple homes a day, the white house and fema have been forwarding a sort of play- by-play, who president has spoken to, who fema has spoken to, calls from cabinet members, calls from governors. constant ongoing throughout the day, conference calls about need and demand. what you have got now is a congress that will come back briefly pre-thanksgiving for the lame duck session and come back after the holiday and will be very much occupied by the fiscal cliff. nobody is going to want a demagogue. congress is poised to give government extra whatever. this is not what anybody
and god hates us. would you think the administration is going to be asking for from congress to respond on the east coast? margaret? guest: so far, the storm has been something that everybody on both sides have been able to get behind in terms of talking about the need for quick response. it helps that there are republican as well as democratic governors that are affected by this. and make it completely a bipartisan issue. every day multiple homes a day, the white house and fema have been...
131
131
Nov 23, 2012
11/12
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this guy has shared all of the dangers with us. he has taught us. he has trained us. look at where we are at now. we will be honored platoon at graduation. their only a motion is to please the drill sergeant. they'll never forget his name for the rest of their lives. that type of bonding takes place. when you talk to the kids in the hospital, if they have a chance of recuperating and going back, the first thing they will say is -- one to get back with my team and my buddies. they fight for a country and for a cause, but above all, the fight for each other. >> even if they cannot get back to their military unit, they will say -- i want to continue to serve in some fashion. that is a value added companies cannot build into a job description. >> in 2005, i had a noncommissioned officer wounded in action in iraq. he lost a leg just right above the knee. i was still in the fight. annie went to visit him and he said -- tell the boss -- i am coming back. she thought -- that is great, but that is not realistic. he knew i liked monty python. he said -- tell the boss it is only
this guy has shared all of the dangers with us. he has taught us. he has trained us. look at where we are at now. we will be honored platoon at graduation. their only a motion is to please the drill sergeant. they'll never forget his name for the rest of their lives. that type of bonding takes place. when you talk to the kids in the hospital, if they have a chance of recuperating and going back, the first thing they will say is -- one to get back with my team and my buddies. they fight for a...